Current Mortgage Rates in New Canaan, Connecticut
Monday, October 13, 2008
Current Mortgage Rates*
Loan Type New Canaan Average |
|
| 30-yr. fixed | 6.12% |
| 30-yr. fixed jumbo | 7.38% |
| 15-yr. fixed | 5.88% |
| 15-yr. fixed jumbo | 6.75% |
| 7/1 ARM | 6.25% |
| 7/1 ARM jumbo | 6.75% |
| 5/1 ARM | 6.00% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 6.12% |
| 1-yr. ARM | 5.50% |
| 1-yr. ARM jumbo | 5.50% |
| 1-yr. LIBOR ARM | 6.12% |
*Mortgage Rates Updated: 10/07/2008
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Current Mortgage Rates in New Canaan, Connecticut
| New Canaan 30-yr. fixed Mortgage Rates | New Canaan 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.39% | 7.83% | 3.25 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.60% | 6.75% | 0.80 | Bank of America | 7.38% | 7.65% | 1.86 |
| Wachovia | 6.28% | 6.40% | 0.58 | Wachovia | 7.68% | 7.71% | 0.07 |
| Wells Fargo | 6.39% | 6.47% | 0.24 | Wells Fargo | 9.31% | 9.38% | 0.26 |
| Chase | 6.31% | 6.39% | 0.08 | Chase | 7.75% | 7.80% | 0.14 |
| New Canaan 15-yr. fixed Mortgage Rates | New Canaan 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.24% | 8.34% | 5.83 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.23% | 6.49% | 0.90 | Bank of America | 7.13% | 7.51% | 1.57 |
| Wachovia | 5.79% | 6.04% | 0.70 | Wachovia | 7.46% | 7.51% | 0.09 |
| Wells Fargo | 6.16% | 6.29% | 0.33 | Wells Fargo | 7.98% | 8.10% | 0.41 |
| Chase | 6.31% | 6.44% | 0.07 | Chase | 6.50% | 6.59% | 0.00 |
| New Canaan 7/1 ARM Mortgage Rates | New Canaan 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.50% | 7.21% | 0.25 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.41% | 6.37% | 0.98 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.95% | 5.91% | 0.47 | Wachovia | 7.70% | 7.73% | 0.06 |
| Wells Fargo | 7.32% | 6.86% | 0.18 | Wells Fargo | 8.45% | 7.48% | 0.29 |
| Chase | 6.84% | 6.42% | 0.04 | Chase | 7.62% | 7.39% | 0.31 |
| New Canaan 5/1 ARM Mortgage Rates | New Canaan 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.38% | 7.29% | 0.12 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.51% | 6.17% | 0.89 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wachovia | 6.44% | 6.08% | 0.05 | Wachovia | 7.26% | 6.70% | 0.05 |
| Wells Fargo | 7.06% | 6.59% | 0.23 | Wells Fargo | 7.81% | 6.84% | 0.32 |
| Chase | 6.79% | 6.27% | 0.03 | Chase | 7.76% | 6.66% | 0.00 |
| New Canaan 3/1 ARM Mortgage Rates | New Canaan 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.62% | 7.51% | 0.00 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.20% | 6.21% | 0.93 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.72% | 5.70% | 0.38 | Wachovia | 7.70% | 7.73% | 0.06 |
| Wells Fargo | 6.38% | 7.44% | 0.12 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Chase | 6.75% | 7.37% | 0.00 | Chase | 6.75% | 7.41% | 0.00 |
| New Canaan 1-yr. ARM Mortgage Rates | New Canaan 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.76% | 0.00 | Citibank | 7.00% | 7.90% | 0.00 |
| Bank of America | 7.42% | 6.20% | 1.53 | Wachovia | 7.70% | 7.73% | 0.06 |
| Wachovia | 6.23% | 5.91% | 0.06 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 7.12% | 7.62% | 0.00 |
| Chase | 6.12% | 7.53% | 0.12 | ||||
Banks in New Canaan, Connecticut
New Canaan Bank and Trust Company, 208 Elm Street, New Canaan Connecticut 6840New Canaan Savings Bank, 122 Main Street, New Canaan Connecticut 6840
Mortgage Statistics for New Canaan, Connecticut
| New Canaan | Connecticut | USA | |
|---|---|---|---|
| Population: Population - The population of New Canaan, CT  |
19,402 | 3,348,283 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a New Canaan mortgage. |
18,482 | 2,725,782 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a New Canaan mortgage. |
203 | 309,220 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a New Canaan mortgage. |
338 | 318,984 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in New Canaan, CT, where you might buy a home. |
7,143 | 1,364,967 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in New Canaan, where you might apply for a New Canaan mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in New Canaan, CT |
$791,900 | $181,479 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare New Canaan mortgage interest rates. |
$141,592 | $57,015 | $43,800 |